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LCD TV assembling plant to be set up in Bangladesh

Jasim Uddin Khan
Rangs Electronics Limited (RED, a local electronics assembling company, will set up a liquid crystal display (LCD) television assembling plant, the first of its kind in Bangladesh.
Rangs is the official agent of Sony Corporation in Japan. Sony will transfer technology' directly from Japan for the plant, according to Tanver Ahmed, the local company’s marketing manager.
A high-level team of experts from Sony Corporation recently visited Bangladesh to share expertise among the local technicians.
LCD is a display technology that uses rod-shaped molecules that flow like liquid and bend light.
LCDs replaced the light-emitting diodes (LEDs) in digital watches in the 70s. Since then, usage of those continued for a myriad of monochrome displays. In the 90s, colour LCD
screens led to push the laptop computer sales up, and in 2003, more LCD monitors were sold for desktop computers than CRTs.
REL will set up its plant on 30,000 square feet of land at Tejgaon industrial area in Dhaka.
The company, which will initially assemble 200 pieces of LCD televisions a day, hopes to fulfill the local requirement as
it plans raising its capacity by assembling 300 pieces in phases.
The company also eyes to explore export market as the technology is gaining popularityworldwide.
It thinks that cheap labour and other facilities will help the REL to be more competitive with the neighbouring countries in the electronics market.
At present, there are 30 dif-ferent factories in the country that assemble television, freeze and many other home appliances based on technologies of Japan and some other countries, said Akther Hossain, chairman and managing direc-tor of Rangs Electronic Limited.
He said the factories invested around Tk 5,000 crore in the sector and more or less 10,000 people are directly employed in the industry.
The assemblers imported their parts mostly from China, Thailand, Singapore, Malaysia and Korea.
"The total tax payable for a completely built unit of television isTk 3047, while Tk 3366 is payable for the raw materials needed for a single unit,” Akther pointed out, demanding a rational tax structure for home appliances to support the local electronic assembling industry.
jasim@thedailystar.net